@Shema Cochrane Most investors I've known in the mobile home investing space who have transitioned from smaller deals to larger deals have worked with partners to offset the risk especially when purchasing mobile home parks. 

They factor in risk of arson, bs torts, etc...into their figures and that is what you get $3600 per year.

There will be a promissory note drafted for the amount and the duration and interest rates.Is there a risk involved? 

One important question I'm sure you've asked yourself is are you comfortable with the risks if you lived there.

Buy & Hold is still one of the best long-term strategies in 2025, but like any approach, it depends on your market, financing, and risk tolerance.

There's risk to everything.

But others investors with different risk tolerances, goals and financial situations invest in the platform.2) I feel directly owned properties are great because they give me maximum control and the ability to tweak them exactly how I want.

Being risk adverse, I am trying to learn all I can before starting off with my first rental property and will be perusing through the forums to see what everyone has to say.See you around!

If you can, I'd try to focus on buying deals that has multiple exit strategies than just STR - for example if it debt covers with LTR with an option to do STR, you are reducing your risk significantly.Both strategies (STR and BRRRR) works in pretty much all markets if you make it work, especially BRRRR.

Based on your description, it sounds like you would violate the self-dealing rule and could put your SDIRA at risk.